ETH Veteran's Confession: Surviving is the Real Cheat, 7 Blood and Tears Iron Rules to Remember

"After eight years in ETH, I've realized— the market doesn't reward geniuses, only survivors."

The following seven tips are what I learned through two nights of liquidation and one keyboard, given to you for free today. Just remember them.

1️⃣ If you don't understand, just lie flat

In October last year, ETH suddenly surged by 9%. I was in a meeting and didn't monitor the market. When I checked during lunch, my group friends were all in, and that night it corrected by -12%. The whole network liquidated $830 million, and I stayed out to dodge the knife.

2️⃣ Hotspots need quick in and out

In December, a certain MEME coin surged 300% in a day. I entered at 2% within 30 seconds of the opening, and after 15 minutes, I sold at +46%. By the closing, the coin price halved, but my wallet was credited, and I didn’t get emotional.

3️⃣ Don’t chase after big bullish candles

In March this year, there was a big bullish daily candle of +18%. I held back and didn’t chase. The next day, it opened high and went low -10%. Everyone in the group who chased the high got stuck on the peak, while I enjoyed my tea and watched the show.

4️⃣ Moving averages are your true father

I only look at two lines: EMA12 and EMA26. Enter on a golden cross, exit on a death cross. In the past year, my win rate has been 71%, with a maximum drawdown of 6.4%, outperforming 90% of high leverage.

5️⃣ Follow the trend, don’t predict

The term “bottom fishing” has been deleted from my dictionary. In 2024, BTC went from 40k to 70k, and I didn’t try to short once. I rolled up low leverage and captured the main segment.

6️⃣ Positioning in batches

Don’t exceed 30% in a single trade, keep 30% as backup, and put another 30% in a cold wallet. Even if the market goes crazy, you can still sleep soundly.

7️⃣ Never be greedy

Always withdraw your principal first upon reaching your target, let the remaining profits run free. This year, after the ETH Shanghai upgrade wave, I withdrew my principal and then made an additional $21,000 profit.

Glassnode's latest data: High leverage >20× accounts have a survival rate of only 11% over the past 180 days, while those following the above seven rules, the “turtling group,” had a median drawdown of 5.7%.

Write the rules down, switch off your emotions, learn to survive first, and the profits will come naturally.

The market has opportunities every day, and liquidations happen daily too. Don’t let impulse make you pay the price.

Remember: Surviving longer is the real cheat.

Those who can survive and still make money in this market are always the ones who dare to reach out first.

Are you ready? @bit福多多

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